Adam, This is our first investment so most of our cash will be tight up for a couple of months.

She then gives him a notice to evict, and then he files with the Tenancy board (17 days after the deadline) that he is objecting to the eviction.

So I had somewhat of a problem in that I could only use about 10k of my 20k and it was a bit tight to come up with the 1500 reserve non gifted money to go with the non gifted down payment.

Tight margins but maybe there is a way to get a better deal on other units. 

I think it’s just timing and you should hold tight.

@Ronald StarusnakI read something on google about it, there is a crawl space under the house but it is tight down there maybe 3 feet tall from dirt to the bottom of the house.

The deal doesn't work if we paid him his mortgage payment amount, cash flow becomes tight. 

You should even be able to do a 1031 Exchange, but because of the tight time frame to identify the 3 properties, ensure that you are working with a strong and mobile lender how can find deals quickly.

If you've got a nice chunk in savings and/or your wife works, it might be worth giving yourself a deadline for how long you're going to commit to getting your investing business off the ground.

As the wholesaler you'll be more likely to want to push the ARV higher because you're wanting to make a bigger fee or make a tight deal work.